Remember: Insurance companies want you to pay the bill and when it comes to their turn, will do everything they can to NOT pay.I would get clear on that piece before proceeding further.

However, the increased interest rate is a significant consideration.Breaking even on the Farmington condo: While not ideal, remember that you're still building equity as the tenants pay down your mortgage.

I remember in 2003 when rates were in the 5-6-7% range, albeit with more aggressive mortgage terms available to almost any and all borrowers. 

Remember real estate is generally a long term investment and plan accordingly.

Just remember taking action is more important than what the action is.

Just remember the trade off, eggshell is easier to clean but shows more imperfections.  

Hello, do you remember what episode number this was for BiggerPockets?

I'll try to remember to update here how it turns out!

Remember that once you purchase the property you are paying debt service, property taxes, etc. before you are even shovel ready, and during.  

you find the deal, present the offer and close.Finally, remember the additional benefit  of sub-2, like cash is a quick close.